3-Room HDB for Room Rent: 108 Commonwealth Crescent

The valuation of the 3-room HDB in Queenstown, with a remaining lease of 37 years, stands at an estimated value of $48,643, translating to a price per square foot (PSF) of $386. This figure reflects a market price with a 0% deviation from the baseline, indicating a stable valuation amidst fluctuating market conditions. Such stability is particularly noteworthy given the vibrant real estate landscape of Singapore, where demand for HDB properties continues to be robust, especially in well-connected and mature estates like Queenstown.

The model confidence for this valuation is categorized as high, supported by an extensive analysis of 500 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the accuracy of the estimated value but also highlights the competitive nature of the Queenstown market, where properties of similar profile are consistently sought after. As the remaining lease diminishes, potential buyers are likely to weigh the longevity of the lease against the current market dynamics, making this property an intriguing prospect for both investors and homebuyers looking to capitalize on the established neighborhood and its amenities.